DRACO EVOLUTION AI ETF (DRAI) Stock Technical Analysis
NYSEARCA:DRAI - NYSE Arca - US02072L2438 - ETF - Currency: USD
Overall DRAI gets a technical rating of 1 out of 10. In the last year, DRAI was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than DRAI.
Warning: DRAI has an average volume of 1738 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month DRAI has a been trading in the 21.63 - 24.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, DRAI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 22.52, a Stop Loss order could be placed below this zone.
More info and screens
22.28
25.36
We found 1 important support area.
- A support zone ranging from 22.51 to 22.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 23.28 to 23.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.82 to 23.98. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 24.50 to 24.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 24.98 to 25.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High23.23
10 Day Low22.51
20 Day High24.15
20 Day Low21.63
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-1.68%
2 Weeks-3.46%
1 Month-5.12%
3 Month-9.79%
6 Month-3.71%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.1
RSI(14)35.01
LBB22.04
UBB24.19
NYSEARCA:DRAI (3/7/2025, 8:20:15 PM)
22.5305
+0.02 (+0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.09%
1 Week-1.68%
2 Weeks-3.46%
1 Month-5.12%
3 Month-9.79%
6 Month-3.71%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%1.42%
ATR Inc-68.11%
Range Today0
ADR(20)0.19
ADR(20)%0.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High23.23
10 Day Low22.51
20 Day High24.15
20 Day Low21.63
52 Week HighN/A
52 Week LowN/A
CS1 End22.52
CR1 Start23.28
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-86.74%
Vol(5)480
Vol(50)1.74K